Products mis-selling, breaches of business conduct rules and serious impropriety most investigated.
Category: Regulation
Malaysia introduces framework for Islamic impact funds
Islamic funds with “waqf” features enable investors to participate in socially impactful activities.
Thailand proposes compulsory ESG training
The country’s securities regulator aims to promote sustainable investment in Thailand.
Singapore’s MAS to add client ID verification requirements
As lack of face-to-face interaction increased risk of identity theft and misuse of personal information.
Japan woos foreign firms with new entry office
Foreign AM firms entering Japan will be allowed to complete the registration process in English. Separately, the country has also been courting global asset managers established in Hong Kong.
SFC bans ex-Citic RM for life
A former relationship manager at Citic lied about an additional sum they had to pay the bank for opening accounts.
HK and China launch ETF connectivity scheme
Two Shenzhen-listed ETFs will each invest in products managed by Hang Seng Investment Management and CSOP Asset Management in Hong Kong.
Credit Suisse faces $300m lawsuit in Singapore
Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
Will there be demand for mainland-tracking L&I ETFs?
CSOP AM is preparing to take advantage of the new L&I regulations in Hong Kong, which allow mainland index-tracking products to be listed in the SAR.
SFC fines asset manager for bond sale deficiencies
Hong Kong-based Convoy AM was fined by the regulator for lacking proper due diligence and documentation procedures, the SFC said.
